News

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.In this week’s newsletter, September became the…
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Representatives in the European Union are reportedly negotiating a plan for additional regulations on the largest artificial intelligence (AI) systems, according to a report from Bloomberg. The European Commission, European Parliament…
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Digital asset investment products continued to see significant inflows in the past week, reaching the highest volume levels since July 2023, according to a new report.Crypto investment products saw inflows for the second consecutive…
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Ripple chief technology officer David Schwartz has advocated for XRP Ledger (XRPL) validators to support an automated market maker (AMM) feature, but only if there is consensus within the community.On X (formerly Twitter), Schwartz…
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Solana Compass has recently provided insights into the latest Solana (SOL) network activity, specifically during its 512 epoch. According to the website that tracks SOL staking activity, an estimated 19.637 million SOL…
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Gary Wang, FTX’s co-founder and former chief technology officer, again appeared in court on the fourth day of the criminal trial of former CEO Sam “SBF” Bankman-Fried to speak on the connections between the crypto exchange and Alameda…
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Bitcoin’s (BTC) price jumped 2% after the US Bureau of Labor Statistics published the September non-farm payrolls report on Friday. A vital on-chain indicator suggests that BTC is in a prime position of bullish price action in the…
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Understanding finality in blockchain Finality in blockchain refers to the unchangeable confirmation of a transaction or a block of transactions.In conventional financial systems, once a…
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Cutbacks at Yuga LabsBored Ape Yacht Club creator Yuga Labs has announced a restructuring that has seen several roles “eliminated across the company.” The exact number of layoffs hasn’t been specified; however, in an Oct. 6 blog post…
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On Friday, Oct. 6, two senior Republican members of the United States House of Representatives urged the Biden administration to strengthen the enforcement of export controls on advanced semiconductors to China.In a letter addressed to…
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